AppNeta Raises $16M

March 19, 2013

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AppNeta, a provider of cloud-delivered services for IT performance management, has raised $16 million in Series C funding led by Bain Capital Ventures, Egan-Managed Capital, JMI Equity and Business Development Bank of Canada.

“This investment will enable us to continue to pursue our vision of transforming IT performance management by bringing end-user experience monitoring and network insight to traditional Application Performance Management,” says the company in a blog post.